THE:About Pay Fees with KCS_New Guinea Singing Inu

DearKuCoinUsers,

WearegladtoseethatthePayFeeswithKCSfeaturehasbeenwellreceivedandwidelyusedbyuserssinceitslaunch.

ToensurethebestpossibletradingexperienceandprovideuserswithabetterunderstandingofhowPayFeeswithKCSworks,wehaveprovidedanexplanationofthefeaturebelow.

PayFeeswithKCSCalculationMethod

TakeBTC/USDTasanexample,thetradingfeesshallbesettledinUSDT.IfPayFeeswithKCSisenabled,feeswillbechargedinKCSafterapplyinga20%discounttotheoriginalUSDTtradingfees.

YoucanviewtheoriginalUSDTtradingfeesfromSpotOrders>TradeHistory.

Discountpricesarecalculatedasfollows:

IfyouarebuyingwithaKCSpair,takeKCS/USDTasanexample,thediscountwillbecalculatedaccordingtothelatestmarketpriceofKCS/USDT.IfyouarebuyingatradingpairotherthanKCSpairs,takeTRX/USDTasanexample,thediscountwillbecalculatedasfollows:KCS/TRXdiscountprice=?.DiscountedKCSamountsarecalculatedasfollows:

Topreventpricefluctuations,theamountofKCSdiscountedwillbecalculatedinaccordancewiththelatestKCSdiscountpriceminus5%.Forexample,ifthetradingfeeissettledinUSDT:DiscountedKCSamount=?.YoucanviewdiscountdetailsofPayFeeswithKCSfromTradingAccount>AccountDetails.

Thelatestmarketpriceisupdatedeverysecond.

Note:Forspottrading,thebasecurrencywillbeusedforfeeratejudgement.WhenthefeerateofClassA/ClassB/ClassCislowerthan0.025%/0.050%/0.075%respectively,nodiscountswillbeappliedeventhoughthePayFeeswithKCSfeatureisenabled.Userswillbecharged100%ofthetradingfeesinaccordancewiththequotecurrencyofatradingpair.Thefeerateisdeterminedbythatofthemasteraccount.DiscountedKCSisdeductedfromtheaccountthatgeneratedthetransaction.

ThankyouforsupportingKuCoin!

TheKuCoinTeam

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